Mwanajuma Kassim

Kilifi, Kenya

100% repaid

Entrepreneur

Name

Mwanajuma Kassim

Member since

July 2013

On-time repayments

326 installments  •  2%

About Me

my name is mwanajuma kassim born in chumani village in kilifi county .i live in matsajeni area in chumani, being born in a family of 5 and am the third born i ventured in bussines immediately after form 4 the year 2011. i schooled at chumani primary school and later joined roka secondary school until 2011.i took over the bussiness from my mum to ensure that our family get their daily meal.. mainly deal with grocery which is mostly vegitables and dry fish.i use the earnings in purchasing food for our family, improve on the stock and save a fraction to enable me join collage later.

My Business

in my bussiness i deal with grocery items live vegitables cerials anddry fish.i serve in a highly competitive market but the products are in high demand due to the high population in the town. i have my customers who might even decide to give me money in advance so that i can buy the products for them in a later date.the business is profitable coz most of the goods are fast moving and of high profit.the only risk is when the goods go bad before sale. monthly sales 17000/= expenses 8000/= profit 9000/=

Loan Proposal

i will use the amount if granted as i had promise to improve my business so as to develop myself, kes4000 have been budgeted for the purchase of half a sack of omena which is the favourite relish for the most residents of my locality. the remaining amount i.e kes 3400 will be used to improve the stock quanitity of vegitables, onions,tomatoes and other small things which are on demand and their stock is limited in my shop.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$100.00

Date disbursed

Jul 29, 2013

Repayment status

On Time

Projected term

27 months

Other loans

Lenders

investor

Candiac, Canada

ErikN

Stockholm, Sweden

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